Robert Hof
Latest from Robert Hof
Oracle brings database machine power to its next-generation cloud
In a continuing effort to beef up its cloud computing platform, Oracle Corp. today announced that it’s making the power of its Exadata database hardware and cloud service available on its next-generation cloud computing platform. The Exadata Database Machine combines computing and storage into a system made for Oracle Database software. The machine was launched ...
Nvidia beats earnings forecasts again, but investors wanted more
Artificial intelligence and cryptocurrency processing helped drive a ninth straight quarter of better-than-expected results for Nvidia Corp., but it wasn’t quite good enough to satisfy investors accustomed to the graphics chip maker’s frequent earnings outperformances. The company, whose graphics processing unit chips are widely used to power gaming personal computers, data-crunching servers and new applications ...
Big Uber investor Benchmark sues former CEO Travis Kalanick for fraud
Updated Friday In a blockbuster lawsuit, Uber Technologies Inc. investor Benchmark Capital today sued embattled former Chief Executive Travis Kalanick for fraud and breach of contract and fiduciary duty in an effort to remove him from the board. The 38-page complaint, filed today in Delaware Chancery Court, was first reported by Axios. It’s a surprising move ...
Amazon Web Services joins Cloud Native Computing Foundation for a voice on open source
Throwing its support behind open-source projects in the dawning era of cloud computing, Amazon Web Services Inc. today joined the Cloud Native Computing Foundation as a top-tier “platinum” member. The move by Amazon.com Inc.’s cloud computing unit changes the landscape in the burgeoning market for a new class of software applications that run in the ...
Twilio earnings bounce back from big decline in Uber revenue
Twilio Inc. today announced a recovery from the impact of lower orders from Uber Technologies Inc. that slammed the cloud communications company a few months ago. The San Francisco-based company reported second-quarter earnings today that came in higher than expected, lifting the shares by about 11 percent in after-hours trading today. Twilio, whose service allows software developers such as ...
Big-data firm Hortonworks’ shares jump 18% on accelerating revenue growth
Big-data company Hortonworks Inc. today continued a turnaround from a rough patch last year, reporting second-quarter revenues that set a new record and topped analysts’ forecasts. The Santa Clara, California-based company, whose software helps companies manage and analyze large amounts of data, also said it’s on track to meet a goal of reaching break-even on ...
As services boost Apple earnings, investors look for a big lift from new iPhones
In a quarter that’s about as meaningless as any quarter can be for the world’s most valuable tech company, Apple Inc. today still managed to beat earnings forecasts thanks partly to record revenue from services such as Apple Music and mobile apps. Perhaps more important, the iPhone maker also signaled that sales of its new ...
As its cloud growth eases, Amazon suffers a big miss on profit
This time, the cloud didn’t save the day for Amazon.com Inc. Thanks to big spending on fulfilling e-commerce orders and on technology and original shows for its video operation, the tech giant saw its second-quarter profit plunge 77 percent, to $197 million or 40 cents a share. Revenue of $38 billion, up 25 percent, beat ...
Facebook’s ad machine keeps rolling as profit jumps 71%
It’s hard to find much that’s going to slow down Facebook Inc. — least of all in its second-quarter earnings announced today. Thanks to continuing strong mobile ad sales, now 87 percent of revenue, the social network reported a second-quarter profit of $3.9 billion, or $1.32 cents a share. That was up 71 percent from ...
Moving beyond mentors: Google launches studio to help AI startups scale up
Venture capital investors can’t get enough of startups focused on artificial intelligence and machine learning, with some $18.4 billion invested in AI startups since 2012. At the same time, it’s an especially tough field for the startups, which face massive competition when they try to scale up for resources such as talent and crucial datasets ...









